Numbers

The statistics here generally reflect the activities of the Real Estate Commission during the period from May 1, 2004 to April 30, 2005.

Contact

•     175,000 telephone calls

•     6,900,000+ website “hits” (a 329% increase)

Publications

•     1,000,000+ publications distributed to licensees, consumers and  applicants

Technology

•     Online license renewals increased 38%

•     5,700 student rosters electronically processed for CE courses (a 211% increase)

Licensing

•     161,000 license record changed

•     13,061 applications processed for     licenses by examination (a 14% increase in addition to a 23% increase last year)

•     11,729 license examinations  

       administered (a 12% increase in addition to a 23% increase last year)

•     6,937 licenses by examination issued (a 17% increase in addition to a 26% increase last year)

•     3,832 broker licenses issued without examination (a 16% increase in addition to a 20% increase last year)

•     436 licenses issued by reciprocity (a 17% increase)

•     1,235 firm licenses issued (a 23% increase)

•     276 expired, surrendered and suspended licenses reinstated

•     372 license applications regarding character issues reviewed by Commission (a 22% increase)

•     154 license applicant conferences     conducted (a 25% increase)

•     10 new private real estate schoollicenses issued and 50 renewed

Education

•     44 real estate instructors approved and 30 renewed

•     69 new continuing education elective courses approved (for a total of 348 courses)

•     19 new continuing education sponsors approved (for a total of 192)

•     12 new continuing education Update Course instructors approved (for a total of  120)

•     47 Broker-in-Charge Course sessions conducted for 3,115 licensees

Audits/Investigations

•     89 field investigations completed

•     173 trust accounts examined

•     380 persons interviewed

•     26 trust account sessions

       conducted for 1,031 students (a 30% increase)

Legal

•     1,128 case (complaint) files opened and 1,048 closed

•     18 licensees reprimanded

•     54 licenses suspended

•     40 licenses revoked

•     11 licenses surrendered

•     47 cases utilized conditional                         remedies

•     14 Recovery Fund hearings

       conducted

•     59 license application hearings         held (a 127% increase)